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up late to watch it, lance armstrong telling oprah that he cheated. >> in all seven of your tour de france victories, did you ever take banned substances or blood dope? >> yes. i view the situation as one big lie that i've repeated a lot of times. i'll spend the rest of my life trying to earn back trust and apologizing to people. >> joe, i stayed up and watch this and i was riveted. i thought this was like michael jackson, remember that interview when he said he was in bed with the children. i know you said you knew he was always cheating. i was one of those people that held out hope until the bitter end. this interview was so cold and so calculated. even though he said he was sorry, i couldn't believe that inside he felt he was sorry. >> and i finished with lance armstrong -- i don't know. >> you're done with him. >> you're in the celebrity -- the cult of celebrity was everything. >> no. i remembered watching him win. like so many -- >> it's that much more despicable with his -- you know, when he would say, look, i had cancer, i would never put anything in my body. we have a person
interview with lance armstrong tonight. the network is getting an ad premium, i can imagine, for the cycling champion's confession. the network is a joint venture with discovery communications. own's president says the network expects to sell all the remaining commercial time for the two-part version of "oprah's next chapter." i noticed even "usa today" has mainstream and -- controversial as "usa today." the cover story, lance armstrong, "it's over after a decade of denial, armstrong is still looking out for number one which is why he deserves nothing but disdain." on the cover of the "usa today." it's that -- >> a quote from somebody or -- is that -- >> no, that's their headline. >> they wrote that. >> they're effectively -- an editorial on the front page of the paper? >> effectively. the thing i was seeing -- i have never believed him for like ten years because it was just the evidence was -- what i didn't like was that michelob continued to run those -- >> michelob ultra ads. >> within six months ago, there he is. fine -- how's that feel? michelob, is that your corporate image now? you sp
. >>> in other news and outside the world of business, lance armstrong sitting down with oprah winfrey to confess to using performance enhancing drugs during his cycling career. the information is set to forecast on thursday. the "new york times" is reporting that he's planning to testify against several powerful people in cycling who knew about his doping and several people to justify it. this involves some others. i have a column in today's "new york times" about mr. wizell's role. >> i didn't realize how involved he had been. >> he founded the team. big banker out in san francisco. >> he used to ride out in the car. >> with not the postal service team. >>el with, he founded what became the postal service team, but it was called montgomery sports and then montgomery bail and them ultimately the u.s. postal service and later the discovery channel. but he was the owner throughout and the man behind all of this is a good friend of lance's and did stay in the car and would be with them throughout this whole thing. and there was always questions, what did he do? was he paying for this? >> he's never
behind lance armstrong. >> oh. >> we use that as a tease and talk about it a little bit later. this morning's top headlines plus quarterly results from bank of america. they're expected within minutes. we'll have the numbers and the instant analysis when we return. tdd#: 1-800-345-2550 when i'm trading, i'm totally focused. tdd#: 1-800-345-2550 tdd#: 1-800-345-2550 and the streetsmart edge trading platform from charles schwab... tdd#: 1-800-345-2550 gives me tools that help me find opportunities more easily. tdd#: 1-800-345-2550 i can even access it from the cloud and trade on any computer. tdd#: 1-800-345-2550 and with schwab mobile, tdd#: 1-800-345-2550 i can focus on trading anyplace, anytime. tdd#: 1-800-345-2550 until i choose to focus on something else. tdd#: 1-800-345-2550 all this with no trade minimums. tdd#: 1-800-345-2550 and only $8.95 a trade. tdd#: 1-800-345-2550 open an account with a $50,000 deposit, tdd#: 1-800-345-2550 and get 6 months commission-free trades. tdd#: 1-800-345-2550 call 1-800-836-8799. >>> good morning, everyone. welcome back to "squawk box" on
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